Sex-shy roosters peck away at chicken giant’s profits

Chicken giant Inghams has blamed rooster infertility for paltry profits, as egg shortages constrain production. The poultry producer reported on Friday a 55 per cent drop in net profit for the half to $17.2 million, $8m under analyst expectations, amid a decline in meat production. Earnings before interest, tax, depreciation and amortisation came in at […]

This post was originally published on Michael West.